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Auto Insurance Claims/Recourse against other insured for total loss

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Expert: - 12/28/2009


Question
One of my cars was legally parked, and hit by another party. A police report stating such was made. The insured's insurance provider has appraised the total loss at ~$7,000.  Multiple similar listings for the same make/model/condition are ~$10,000.  Do I have a recourse against the insured's insurance company?  Or do I need to file a lawsuit against the insured party?  Other suggestions?  Courses of action?

Answer
Keith,

There are several courses of action you can take, all of which depend on things like who your insurer is and how they evaluated your vehicle. All the possible answers are far too detailed to explain in a paragraph or two here. I suggest an eBook at UClaim.com entitled Total Loss Auto for Claimants. The eBook will give you strategies to use from the least painful to the most painful (and litigation is the most painful).

Auto Insurance Claims

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Ron Cercone

Expertise

How to handle automobile total loss claims. I am the president of UClaim.com, which sells 29 different eBooks I have written on how to maximize various types of auto, home and business claims and how to get coverage on denied claims. You may view their tables of contents online. Also available are very specialized eBooks such as on EUO (Examination Under Oath) for example. Also available is an assortment of policy forms used by the most popular insurers. The eBooks have a money back guarantee and currently include personal consultation with Ron Cercone.

Experience

I have been adjusting insurance claims since 1980. 1980 to 1995 adjusting for many insurers (6 years as an independent adjuster with my own company). Currently working as a public adjuster in California, since 1995. I'm one of the few public adjusters who has handled automobile damage and total loss claims.

Organizations
CAPIA (California Association of Public Adjusters).

Education/Credentials
BA 1975 in History and Industrial Arts. Full CV at UClaim.com .

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